Inseego Gross Profit from 2010 to 2024

INSG Stock  USD 12.59  0.42  3.45%   
Inseego Corp's Gross Profit is increasing over the last several years with stable swings. Gross Profit is estimated to finish at about 56.4 M this year. Gross Profit is the profit Inseego Corp makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2000-03-31
Previous Quarter
23 M
Current Value
18.8 M
Quarterly Volatility
9.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Inseego Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Inseego Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.4 M, Interest Expense of 8.6 M or Selling General Administrative of 26.8 M, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0 or Days Sales Outstanding of 59.61. Inseego financial statements analysis is a perfect complement when working with Inseego Corp Valuation or Volatility modules.
  
Check out the analysis of Inseego Corp Correlation against competitors.
For more detail on how to invest in Inseego Stock please use our How to Invest in Inseego Corp guide.

Latest Inseego Corp's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Inseego Corp over the last few years. Gross profit is a required income statement account that reflects total revenue of Inseego Corp minus its cost of goods sold. It is profit before Inseego Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Inseego Corp's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Inseego Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 66.91 M10 Years Trend
Pretty Stable
   Gross Profit   
       Timeline  

Inseego Gross Profit Regression Statistics

Arithmetic Mean62,580,063
Coefficient Of Variation35.86
Mean Deviation14,858,183
Median67,335,000
Standard Deviation22,441,850
Sample Variance503.6T
Range94.3M
R-Value0.28
Mean Square Error499.5T
R-Squared0.08
Significance0.31
Slope1,410,181
Total Sum of Squares7050.9T

Inseego Gross Profit History

202456.4 M
202352.5 M
202266.9 M
202175.9 M
202090.8 M
201964 M
201870.6 M

Other Fundumenentals of Inseego Corp

Inseego Corp Gross Profit component correlations

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0.22-0.57-0.860.730.440.470.7-0.15-0.17-0.66-0.280.02-0.40.79-0.520.8-0.69-0.340.5-0.260.19-0.05-0.180.3
0.53-0.570.83-0.80.25-0.06-0.06-0.050.720.730.850.290.46-0.520.66-0.880.770.63-0.550.7-0.030.480.610.21
0.27-0.860.83-0.92-0.07-0.14-0.350.160.410.80.640.20.53-0.650.63-0.960.790.49-0.620.44-0.070.210.33-0.2
-0.40.73-0.8-0.92-0.14-0.120.1-0.36-0.42-0.71-0.56-0.4-0.670.48-0.370.89-0.88-0.270.69-0.310.15-0.22-0.370.19
0.850.440.25-0.07-0.140.590.890.060.370.150.390.40.040.38-0.05-0.010.050.06-0.060.31-0.010.50.470.28
0.570.47-0.06-0.14-0.120.590.780.36-0.04-0.15-0.030.370.280.66-0.520.12-0.03-0.27-0.29-0.230.25-0.04-0.07-0.08
0.730.7-0.06-0.350.10.890.780.050.17-0.180.130.440.060.67-0.390.3-0.16-0.250.080.010.160.30.250.26
0.05-0.15-0.050.16-0.360.060.360.05-0.460.15-0.180.080.12-0.02-0.25-0.150.22-0.21-0.36-0.410.12-0.55-0.46-0.7
0.48-0.170.720.41-0.420.37-0.040.17-0.460.270.670.120.35-0.320.32-0.530.380.44-0.380.69-0.070.80.820.78
0.38-0.660.730.8-0.710.15-0.15-0.180.150.270.630.120.06-0.580.68-0.790.580.61-0.480.69-0.080.370.42-0.28
0.73-0.280.850.64-0.560.39-0.030.13-0.180.670.630.270.19-0.430.76-0.680.490.66-0.220.710.160.520.530.29
0.440.020.290.2-0.40.40.370.440.080.120.120.270.630.28-0.06-0.080.61-0.430.11-0.14-0.20.150.3-0.04
0.18-0.40.460.53-0.670.040.280.060.120.350.060.190.630.01-0.09-0.470.72-0.24-0.42-0.17-0.150.040.240.06
0.180.79-0.52-0.650.480.380.660.67-0.02-0.32-0.58-0.430.280.01-0.620.64-0.46-0.490.27-0.45-0.07-0.21-0.280.03
0.26-0.520.660.63-0.37-0.05-0.52-0.39-0.250.320.680.76-0.06-0.09-0.62-0.640.330.79-0.030.65-0.060.250.260.0
-0.330.8-0.88-0.960.89-0.010.120.3-0.15-0.53-0.79-0.68-0.08-0.470.64-0.64-0.71-0.630.73-0.560.08-0.27-0.380.07
0.23-0.690.770.79-0.880.05-0.03-0.160.220.380.580.490.610.72-0.460.33-0.710.07-0.410.2-0.180.210.43-0.12
0.32-0.340.630.49-0.270.06-0.27-0.25-0.210.440.610.66-0.43-0.24-0.490.79-0.630.07-0.380.80.140.320.240.17
-0.210.5-0.55-0.620.69-0.06-0.290.08-0.36-0.38-0.48-0.220.11-0.420.27-0.030.73-0.41-0.38-0.34-0.06-0.15-0.20.06
0.45-0.260.70.44-0.310.31-0.230.01-0.410.690.690.71-0.14-0.17-0.450.65-0.560.20.8-0.34-0.010.750.710.43
0.140.19-0.03-0.070.15-0.010.250.160.12-0.07-0.080.16-0.2-0.15-0.07-0.060.08-0.180.14-0.06-0.01-0.18-0.22-0.01
0.46-0.050.480.21-0.220.5-0.040.3-0.550.80.370.520.150.04-0.210.25-0.270.210.32-0.150.75-0.180.910.68
0.43-0.180.610.33-0.370.47-0.070.25-0.460.820.420.530.30.24-0.280.26-0.380.430.24-0.20.71-0.220.910.62
0.220.30.21-0.20.190.28-0.080.26-0.70.78-0.280.29-0.040.060.030.00.07-0.120.170.060.43-0.010.680.62
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About Inseego Corp Financial Statements

Inseego Corp stakeholders use historical fundamental indicators, such as Inseego Corp's Gross Profit, to determine how well the company is positioned to perform in the future. Although Inseego Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Inseego Corp's assets and liabilities are reflected in the revenues and expenses on Inseego Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Inseego Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit52.5 M56.4 M
Gross Profit Margin 0.27  0.14 

Currently Active Assets on Macroaxis

When determining whether Inseego Corp is a strong investment it is important to analyze Inseego Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Inseego Corp's future performance. For an informed investment choice regarding Inseego Stock, refer to the following important reports:
Check out the analysis of Inseego Corp Correlation against competitors.
For more detail on how to invest in Inseego Stock please use our How to Invest in Inseego Corp guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Inseego Corp. If investors know Inseego will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Inseego Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.02)
Revenue Per Share
16.535
Quarterly Revenue Growth
0.104
Return On Assets
(0.1)
Return On Equity
(8.35)
The market value of Inseego Corp is measured differently than its book value, which is the value of Inseego that is recorded on the company's balance sheet. Investors also form their own opinion of Inseego Corp's value that differs from its market value or its book value, called intrinsic value, which is Inseego Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Inseego Corp's market value can be influenced by many factors that don't directly affect Inseego Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Inseego Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inseego Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inseego Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.